Wall Street analyst estimates for First Bancorp (FBNC): consensus price target and buy/hold/sell recommendations.
First Bancorp (FBNC) functions as the parent company of First Bank, offering a diverse array of financial solutions to individuals and small to medium-sized businesses. Its operational focus is primarily within North Carolina and the northeastern region of South Carolina.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 10 |
| Hold | 6 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 16 |
| Avg rating (−2 sell to +2 buy) | 0.62 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-01-20 | $1.19 | ||
| 2026-10-21 | $1.24 | $1.18 | +5.1% |
| 2026-07-22 | $1.22 | $1.15 | +6.1% |
| 2026-04-22 | $1.13 | $1.09 | +3.7% |
| 2026-01-21 | $0.38 | $1.03 | -63.1% |
| 2025-10-22 | $0.49 | $0.85 | -42.2% |
| 2025-07-23 | $0.93 | $0.88 | +5.7% |
| 2025-04-23 | $0.84 | $0.78 | +7.7% |
Valuation Ratios
| P/E Ratio | 16.16 |
| Price / Book | 1.55 |
| Dividend Yield | 1.48% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.2M | $213.4M | $265.8M | $274.8M | $298.9M | $315.4M | $391.6M | $399.0M | $343.8M | $384.1M |
| Cost of Revenue | $7.6M | $723,000 | $20.2M | $2.3M | $35.0M | $15.0M | $12.4M | $17.8M | $16.4M | $3.3M |
| Gross Profit | $159.2M | $212.7M | $269.4M | $272.5M | $263.9M | $300.3M | $379.2M | $381.2M | $327.4M | $380.8M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $62.8M | $82.1M | $92.0M | $96.0M | $101.0M | $109.8M | $125.6M | $153.2M | $152.3M | $156.3M |
| Operating Expenses | $117.1M | $144.9M | $155.9M | $156.3M | $160.8M | $180.0M | $193.9M | $249.2M | $229.3M | $236.6M |
| Operating Income | $42.1M | $67.7M | $113.5M | $116.3M | $103.1M | $120.3M | $185.2M | $132.0M | $98.1M | $144.2M |
| EBITDA | $47.9M | $77.5M | $126.3M | $130.2M | $116.7M | $134.2M | $200.5M | $151.2M | $116.0M | $159.2M |
| Interest Expense | $7.6M | $12.7M | $23.8M | $33.9M | $19.6M | $9.5M | $16.1M | $142.1M | $187.0M | $159.0M |
| Pre-tax Income | $42.1M | $67.7M | $113.5M | $116.3M | $103.1M | $120.3M | $185.2M | $132.0M | $98.1M | $139.5M |
| Income Tax | $14.6M | $21.8M | $24.2M | $24.2M | $21.7M | $24.7M | $38.3M | $27.8M | $21.9M | $28.5M |
| Net Income | $27.5M | $46.0M | $89.3M | $92.0M | $81.5M | $95.6M | $146.9M | $104.1M | $76.2M | $111.0M |
| EPS | $1.37 | $1.82 | $3.02 | $3.12 | $2.85 | $2.68 | $4.12 | $2.54 | $1.85 | $2.68 |
| EPS (Diluted) | $1.33 | $1.82 | $3.01 | $3.10 | $2.81 | $2.68 | $4.12 | $2.51 | $1.84 | $2.68 |
| Shares Outstanding (Diluted) | 20.7 M | 25.3 M | 29.7 M | 29.7 M | 29.0 M | 35.6 M | 35.7 M | 41.2 M | 41.3 M | 41.4 M |
Price
| Price | $64.16 (closing price, November 3, 2026) |
| Market Cap | $2.7B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Financial Services · Banks - Regional
More sections of FBNC: Overview · Financials · Valuation · Technical · Ownership
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